Online retailers face losing at least a fourth — sometimes nearly half — of their customer base at checkout because of hurdles like consumer distrust of website payment methods, lacking preferred payment, wonky or slow sites and caveats of having to register too much personal...
A U.S. Patent application that Apple filed in late May was published Thursday (Oct. 9) and it provides some delightfully geeky peeks into what appears to be Apple Pay—or at least how Apple Pay was envisioned a few months before launch. For example, the filing...
Experimenting with opening its first brick-and-mortar, Amazon has taken over a 12-story building in the heart of the most famous shopping district in the U.S., on 34th Street in New York City, a block from Herald Square, right near Macy’s headquarters. Plans are to be...
As the hoopla over Apple Pay wanes, skepticism is beginning to set in — even among executives at big retail chains that will be rolling out Apple’s new payment system later this month. On Tuesday (Oct. 7), Target director of finance Bill Ramsey told a...
Shifting technology, new alliances and skepticism among young consumers are creating risks — as well as opportunities — for PayPal, according to Bloomberg. That’s one reason PayPal is being spun off from eBay, which will give the payments business more flexibility to innovate and find...
$130M in financial activity. Included an array of investment types – VC funding, private placements, etc. Of that total, almost all was driven by strategic or venture –backed investments. Deem ran with the leading investment. A round for the San Francisco based company, was $30...
More than one out of every three (35 percent) shoppers today use mobile devices as part of their purchasing process, a 10 percent hike from 2012, according to new results from a shopper behavior study. Much of the change comes from sharp increases from three...
Curbside, the mobile shopping startup, is using $9.5 million in seed and Series A funding to help shoppers do same-day pickup, which is a hybrid between mobile shopping and in-store. Ideally, it combines the convenience of M-Commerce with the immediacy of in-store, with shoppers driving...
Square has closed $150 million in new venture financing, bringing Square’s current value to about $6 billion, the New York Times reported Sunday (Oct. 5). The new financing round was led the Government of Singapore Investment Corp.—a new investor—and included Goldman Sachs and Rizvi Traverse...
